Overview / Commentary
American Community Bank (NY) is headquartered in Glen Cove and is the 111th largest bank in the state of New York. It is also the 2,751st largest bank in the nation. It was established in 2000 and as of June of 2019, it had grown to 39 employees at 6 locations. American Community Bank (NY) has an A+ health rating.
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Health
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35033 |
| Year Established | 2000 |
| Employees | 39 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.66% |
| Return on Equity - YTD | 5.17% |
| Annual Interest Income | $4.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $214.2MM$205.5MM |
| Loans | Q2 2019vs Q2 2018 | $167.9MM$155.4MM |
| Deposits | Q2 2019vs Q2 2018 | $179.5MM$166.2MM |
| Equity Capital | Q2 2019vs Q2 2018 | $27.5MM$26.1MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $2.0MM$2.0MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $58.00K$75.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
Rates
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Locations
| American Community Bank (NY) Locations | ||
|---|---|---|
| Commack Branch | 100 Commack Road | Commack, NY 11725 |
| East Northport Branch | 1968 Jericho Turnpike | East Northport, NY 11731 |
| American Community Bank | 300 Glen Street | Glen Cove, NY 11542 |
| Mineola Branch | 285 Jericho Turnpike | Mineola, NY 11501 |
| Hillside Avenue Branch Office | 799 Hillside Avenue | New Hyde Park, NY 11040 |